H.4.1 Factors Affecting Reserve Balances of Depository Institutions

lofGOw, FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when the information is available, on (202) 452-3206. H.4.1 Factors Affecting Reserve Balances of Depository institutions and Condition Statement of F.R. Banks September 27, 1990 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt heek ended Change from week end^d Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Sep 26, 1990 Sep ]L 9, 1990 Sep 27, 1989 Sep 26, 1990 Reserve Bank credit1 2 283,796 - 3,291 + 20,544 285,276 U.S. government securities Bought outright—system account 234,214 + 527 + 15,115 233,855 Held under repurchase agreements 1,015 - 2,413 + 316 2,720 Federal agency obligations Bought outright 6,377 0 - 178 6,377 Held under repurchase agreements 318 - 1,076 - 141 564 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 73 - 479 - 247 49 Seasonal credit 440 + 18 - 34 441 Extended credit 9 + 4 - 16 11 Float 331 - 63 - 788 98 Other F.R. assets 41,020 + 191 + 6,518 41,162 Gold stock 11,063 - 1 - 2 11,063 Special drawing rights certificate account 8,518 0 0 8,518 Treasury currency outstanding 20,213 + 14 + 803 20,213 Total factors supplying reserve funds 323,590 - 3,279 _ 21,346 325,070 _ Currency in circulation* 271,913 1,027 • 24,289 271,849 Treasury cash holdings* 519 0 + 83 521> Deposits, other than reserve balances, with F.R. Banks Treasury 6,666 - 904 - 5,650 5,402 Foreign 208 - 39 - 28 198 Service-related balances and adjustments3 2,207 + 297 + 372 2,208 Other 295 + 8 - 117 367 Other F.R. liabilities and capital 9,310 - 284 + 1,567 9,127 Total factors, other than reserve balances, absorbing reserve funds 291,118 - 1,951 + 20,516 289,674 Reserve balances with F.R. Banks4 32,472 - 1,328 + 830 35,396 On September 26, 1990, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 233,886 million, a change of - $ 597 million for the week. 1 Net of $ 5,785 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,785 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities, 2 Net of $ 6.144 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,144 million was with foreign official and international accounts. Includes $ 348 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,737 million and adjustments of $ 471 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Treasury's figures). Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Worksheet for H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since ** WWeeddnneessddaayy Wednesday Wednesday Sep 26, 1990 Sep 19, 1990 Sep 27, 1989 ASSETS Gold certificate account 11,063 - 2 - 2 Special drawing rights certificate account 8,518 0 0 Coin 523 * 15 • 52 - - Loans 501 3,526 84 Acceptances 0 0 0 Federal agency obligations Bought outright 6,377 0 - 178 Held under repurchase agreements1 564 - 1,137 - 494 U.S. government securities Bought outright—Bills 111,310 - 175 + 14,815 Notes 91,582 0 - 368 Bonds 30,963 0 • 350 Total bought outright2 233,855 - 175 + 14,796 Held under repurchase agreements1 2,720 - 1,785 + 1,213 Total U.S. government securities 236,575 - 1,960 • 16,009 Total loans and securities 244,017 - 6,623 + 15,253 - - Items in process of collection (748) 5,209 808 921 Bank premises 844 • 4 • 69 Other assets3 40,276 - 468 • 7,343 TOTAL ASSETS (748) 310,451 - 7,882 + 21,794 LIABILITIES Federal Reserve notes 252,681 - 662 4- 23,511 Deposits Depository institutions 37,766 * 4,658 + 1,744 U.S. Treasury—general account 5,402 - 11,356 - 4,366 Foreign—official accounts 198 • 17 -< 137 Other 336677 ++ 6600 - 9 Total deposits 4433,,773333 66,,662211 « 2,768 Deferred availability cash items (748) 4,909 - 485 - 417 Other liabilities and accrued dividends4 33,,992255 - 118 ++ 1,021 TOTAL LIABILITIES ((774488)) 330055,,224488 ; 7,887 21,347 CAPITAL ACCOUNTS Capital paid in 2,398 ! • 4 * 200 Surplus 2,243 0 ! • 131 Other capital accounts 561 • 1 • 116 * Figures in parentheses are the eliminations made in the consolidation process. 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts of which $ 0 million was outstanding at the end of the latest statement week. 2 Net of $ 6,144 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 348 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 72 million in Treasury bills maturing within 90 days. 4 includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, SEPTEMBER 26, 1990 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. Millions of dollars U.S. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 399 0 WWiitthhiinn 1155 ddaayyss 1122,,888811 2,304 764 1,165 16 days to 90 days 103 0 1166 ddaayyss ttoo 9900 ddaayyss 5566,,441188 + 2,818 525 5 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 6699,,886699 2,475 1,709 * 41 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 5599,,770000 0 2,634 8 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1133,,117700 0 1,120 0 OOvveerr 1100 yyeeaarrss 2244,,553366 0 188 0 Total 501 0 TToottaall 223366,,557755 1,960 6,941 1,137 Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON SEPTEMBER 26, 1990 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,063 750 3,506 384 688 1,008 465 1,377 346 203 422 585 1,329 Special drawing rights certif. acct. 8,518 531 2,896 247 508 745 330 1,100 291 153 362 433 922 Coin 523 41 12 32 33 100 56 28 36 13 32 48 93 Loans 501 7 2 27 6 0 25 40 174 130 43 28 21 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 6,377 428 2,354 186 382 594 223 778 185 102 208 228 710 Held under repurchase agreements1 564 0 564 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 111,310 7,478 41,090 3,242 6,668 10,360 3,887 13,576 3,228 1,778 3,633 3,973 12,398 Notes 91,582 6,153 33,807 2,667 5,486 8,524 3,198 11,170 2,655 1,463 2,989 3,269 10,201 Bonds 30,963 2,080 11,430 902 1,855 2,882 1,081 3,776 898 495 1,010 1,105 3,449 Total bought outright2 233,855 15,711 86,327 6,810" 14,010 21,766 8,166 28,522 6,781 3,736 7,632 8,347 26,048 Held under repurchase agreements1 2,720 0 2,720 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 236,575 15,711 89,047" 6,810" 14,010 21,766 8,166 28,522 6,781 3,736 7,632 8,347 26,048 Total loans and securities 244,017 16,146 91,967 7,023 14,397 22,359 8,414 29,340 7,140 3,967 7,883 8,602 26,779 Items in process of collection 5,957 303 890 347 234 . 395 532 497 169 350 645 408 1,187 Bank premises 844 90 66 45 34 123 58 110 26 31 53 59 149 Other assets3 40,276 1,596 11,365 1,754 2,195 3,076 3,614 4,979 1,076 1,122 1,512 2,800 5,186 Interdistrict settlement account ! g_ -539 +3,840 -914 +1,587 -4,655 -232 +2,043 -1,155 -910 -1,524 +1,609 +850 TOTAL ASSETS | 311,199 18,918 114,542 8,918 19,678 23,151 13,237 39,474 7,929 4,928 9,386 14,544 36,49S 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ 0 million was outstanding at the end of the latest statement week. 2 Net of $ 6,144 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 348 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 72 million in Treasury bills maturing within 90 days. Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON SEPTEMBER 26, 1990 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 252,681 16,528 96,250 6,747 17,439 19,299 8,138 34,630 6,598 3,607 7,476 11,213 24,757 Deposits Depository institutions 37,766 1,688 8,283 1,572 1,568 2,827 3,932 3,299 947 747 977 2,346 9,579 U.S. Treasury—general account 5,402 0 5,402 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 196 6 88 7 8 9 15 19 4 5 6 11 20 Other 367 0 216 1 2 53 1 75 0 5 6 2 5 Total deposits 43,733 1,694 13,989 1,579 1,578 2,889 3,948 3,393 952 756 989 2,360 9,604 Deferred credit items 5,657 296 731 267 219 367 536 472 158 374 629 481 1,128 Other liabilities and accrued dividends1 3,925 192 2,084 87 170 268 108 359 83 49 96 106 323 TOTAL LIABILITIES 305,996 18,711 113,055 8,681 19,406 22,822 12,730 38,854 7,791 4,786 9,190 14,159 35,812 CAPITAL ACCOUNTS Capital paid in | 2,398 90 665 112 124 145 245 293 63 67 91 185 318 Surplus 2,243 83 608 100 124 139 219 281 62 67 88 171 302 Other capital accounts 561 j 34 214 25 24 44 43 46 13 8^ 16 30 64 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 311,199 1 18,918 114,542 8,918 19,678 23,151 13,237 39,474 7,929 4,928 9,386 14,544 36,495 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 296,303 19,349 102,988 8,796 19,357 25,445 12,380 38,188 8,553 4,609 10,008 13,992 32,636 Less—Held by F.R. Banks 43,621 J 2,821 6,738 2,049 1,919 6,147 4,242 3,558 1,955 1,002 2,532 2,780 7,880 F.R. notes, net 252,681] 16,528 96,250 6,747 17,439 19,299 8,138 34,630 6,598 3,607 7,476 11,213 24,757 Collateral held against F.R. notes Gold certificate account 11,063 Special drawing rights certificate account 8,518 Other eligible assets 0 U.S. govt, and agency securities I 233,10lJ Total collateral | 252,6811 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis